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domiciliary account

How to run a foreign currency account (domiciliary account) in Nigeria

Domiciliary Account A foreign currency account is a domiciliary account that allows you to fund it with foreign currencies and as well carrying out foreign transactions on the account.A foreign currency account in Nigeria is a type of bank account that allows the holder to deposit and withdraw funds in foreign currencies other than the normal Naira (₦)Every Nigerian as from 18years and above has a right to operate a foreign currency account even while he is in Nigeria. Though is of more importance to those doing…